12:36pm: With Lopez drawing plenty of trade interest, he is unlikely to be released by the Pelicans by Friday, since the team should be able to find a deal, tweets Wojnarowski.

12:15pm: As the Pelicans attempt to moveRobin Lopez before his contract becomes guaranteed this weekend, Portland has emerged as a possible destination for the big man, tweets Adrian Wojnarowski of Yahoo! Sports. According to Wojnarowski, the Pacers are one of the other teams on a short list of potential suitors for Lopez.

Lopez is set to earn about $5.12MM in 2013/14, a reasonable price for a center who was productive (18.9 PER) and durable (82 starts) during his first season in New Orleans. However, that salary is not yet guaranteed, with Lopez set to receive just $500K if he's released on or before Friday. If he's on an NBA roster beyond Friday, however, his salary for both '13/14 and '14/15 ($5.34MM) will become fully guaranteed.

The Pelicans are in hot pursuit of Tyreke Evans, with a lucrative offer sheet on the table for the restricted free agent. Should Evans agree to sign that offer, New Orleans will likely need to trade or release Lopez to clear the necessary cap space. A trade wouldn't necessarily have to be agreed upon by Friday, but the Pelicans would probably lose some leverage at that point, since they'd no longer have the fallback option of releasing Lopez.

Unlike Portland, Indiana doesn't currently have the cap space to absorb Lopez's contract without sending salary back in return, so the Blazers seem to be a likelier trade partner for New Orleans, unless the Pacers can get creative.